Latvia youth unemployment rate

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Latvia youth unemployment rate: 13.4 (-3.6%)
Last Update: February 29, 2024

Latvia youth unemployment rate closed down 13.4 as of February 29, 2024 from 13.9 from the previous month and 13 from last year.


Latvia youth unemployment rate Analytics & Data




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Latvia youth unemployment rate

Date Values
2024-02-29 13.4
2024-01-31 13.9
2023-12-31 14.5
2023-11-30 14.5
2023-10-31 14
2023-09-30 13.3
2023-08-31 9.2
2023-07-31 8.9
2023-06-30 9
2023-05-31 9.5
2023-04-30 11.6
2023-03-31 11.9
2023-02-28 13
2023-01-31 14.6
2022-12-31 17.7
2022-11-30 18.2
2022-10-31 18.1
2022-09-30 18
2022-08-31 15.6
2022-07-31 14.5


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Latvia youth unemployment rate Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
youth unemployment rate lv.ytunemploymentrate 13.4 13.9 -4 3 UP UP 48 2024-02-29

Latvia youth unemployment rate Factors

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What is the Latvia youth unemployment rate

Latvia Youth Unemployment Rate: Current Data, Trends, and Analysis

Welcome to our webpage dedicated to providing you with up-to-date information on the youth unemployment rate in Latvia. Here, you will find current, historical, and analytical data that will enable you to understand and interpret this economic indicator.

What is the Youth Unemployment Rate?

The youth unemployment rate refers to the percentage of individuals between the ages of 15 and 24 who are actively seeking employment but are unable to find suitable jobs. This rate is significant as it reflects the challenges young people face in entering the labor market, earning income, and gaining experience.

Interpreting the Youth Unemployment Rate in Latvia:

Monitoring the youth unemployment rate in Latvia is crucial to understanding the country's economic health and the prospects for its young workforce. A high youth unemployment rate could indicate a lack of job opportunities, skills mismatch, or economic downturn. On the other hand, a declining rate may signify improved employment prospects and a stronger economy.

Current Data and Trends:

Our webpage offers real-time data on the youth unemployment rate in Latvia. You can access the most recent statistics, updated on a regular basis, to stay informed about the current state of youth unemployment in the country. We also provide intuitive charts and analytics that allow you to visually analyze the trends and patterns over time.

Historical Data and Analysis:

For a comprehensive understanding of the youth unemployment rate in Latvia, we offer access to historical data going back several years. Simply select the timeframe you are interested in, and our webpage plots the relevant data into easy-to-read charts. This historical perspective is valuable for identifying long-term trends and patterns, and for comparing current rates with those of previous years.

Export Historical Data for Free:

For those interested in conducting further analysis or using the data in their own research, our webpage allows the free export of historical data. This feature enables you to download the data in various formats, such as CSV or Excel, thus facilitating detailed analysis and integration into your own models or systems.

MacroVar Signals, Trends, and Analysis:

To provide you with a comprehensive view of the youth unemployment rate in Latvia, we offer access to our proprietary MacroVar signals, trends, and analysis. These tools utilize advanced algorithms and machine learning techniques to identify valuable insights and patterns in the data. Leveraging these features can facilitate more informed decision-making, whether you are an investor, researcher, or policymaker.

In conclusion, our webpage is your go-to source for understanding and analyzing the youth unemployment rate in Latvia. By providing current and historical data, trends, and signals, along with the option to export data for further analysis, we aim to empower users with the information needed to make informed decisions and contribute to the ongoing discussion surrounding youth unemployment in Latvia.

Latvia Financial Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
Latvia 2-year bond yield LT.2Y 0.605 -1 -1 -1.24216 47.5249 0 0 0 -0.4485
Latvia Macroeconomic Indicators

Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
balance of trade lv.balanceoftrade -411.18 -424.46 -3 -27 Down UP 27 2023-10-31
bank lending rate lv.banks.lendingrate 6 6.07 -1 81 UP UP 96 2023-06-30
banks balance sheet lv.banks.bs 28239.1 27809.5 2 6 UP UP 71 2024-02-29
business confidence lv.bizconfidence -1.6 -2.4 -33 -52 UP UP 50 2024-03-31
capacity utilization lv.caputilization 71.4 72.3 -1 -2 Down Down 28 2024-03-31
car registrations lv.carregistrations 1217 1202 1 -65 Down Down 13 2024-03-31
central bank balance sheet lv.cb.assets 25088.2 25129.8 -0 -3 Down Down 3 2024-03-31
consumer confidence lv.consconfidence -12.8 -8.4 52 -43 UP UP 32 2024-03-31
consumer price index cpi lv.cpi 145.1 143.4 1 1 UP UP 27 2024-03-31
core inflation rate lv.coreinflationrate 3.8 3.5 9 -66 Down Down 18 2024-02-29
current account lv.currentaccount 28 208 -87 -115 UP UP 34 2024-02-29
current account to gdp lv.currentaccountgdp -4 -4.8 -17 21 Down Down 0 2023-01-31
exports lv.exports 1519.15 1466.52 4 -29 Down Down 2 2023-09-30
external debt lv.externaldebt 39728 40256 -1 9 UP UP 54 2023-12-31
fiscal expenditure lv.fiscalexp 1506670 1419120 6 1 Down UP 21 2024-02-29
foreign exchange reserves lv.fxreserves 4669 4527 3 9 UP UP 87 2024-03-31
gdp lv.gdp 41.15 39.73 4 73 UP UP 0 2022-01-31
Real GDP lv.realgdp 7682800 7467110 3 10 UP UP 55 2024-06-30
gdp growth lv.gdpgrowth 0.8 0.2 300 0 UP UP 0 2024-03-31
gdp growth annual lv.gdpgrowthan 0.1 -0.6 -117 -111 Down UP 36 2024-03-31
gold reserves lv.goldres 6.66 6.66 0 1 UP UP 96 2021-06-30
government budget lv.govbudget -4.6 -7.2 -36 12 Down Down 0 2023-01-31
Government budget lv.govbudgetvalue -113615000 146817000 -177 -9 Down UP 55 2024-02-29
government debt lv.govdebt 16739.4 15896.7 5 27 UP UP 57 2023-09-30
government debt to gdp lv.govdebtgdp 41 44 -7 -6 UP Down 0 2023-01-31
government revenues lv.govrev 1433800 1672860 -14 2 UP UP 30 2024-02-29
imports lv.imports 2036.67 1877.7 8 -18 Down Down 8 2023-09-30
industrial production lv.indproduction -0.3 -5 -94 -86 UP UP 62 2024-02-29
industrial production mom lv.indproductionmm 2.8 -2.6 -208 12 UP UP 0 2024-02-29
inflation cpi lv.inflationcpi 0.9 0.4 125 -95 Down Down 38 2024-03-31
interbank rate lv.interbankrate 0.17 0.17 0 0 Down Down 51 2023-08-15
loans to private sector lv.loanprivate 4807.5 4766.7 1 4 UP UP 78 2024-02-29
long term unemployment rate lv.ltunemploymentrate 1.8 1.7 6 -14 Down Down 69 2023-12-31
money supply m0 lv.msm0 12548.4 12185.1 3 21 UP UP 100 2024-02-29
money supply m1 lv.msm1 15875.4 15968.7 -1 -12 Down Down 3 2024-02-29
money supply m2 lv.msm2 20695.2 20533.5 1 4 UP UP 15 2024-02-29
Producer Price Index lv.producerprices 127.3 128.2 -1 -22 Down Down 2 2024-02-29
PPI Index lv.producerpricesch -7.9 -7.9 0 -136 Down Down 37 2024-02-29
retail sales MoM lv.retailsales 0.6 -1.3 -146 20 UP UP 0 2024-02-29
retail sales lv.retailsalesan -0.4 -2 -80 -116 UP Down 45 2024-02-29
unemployment rate lv.unemploymentrate 6.8 6.5 5 -6 Down Down 63 2023-12-31
youth unemployment rate lv.ytunemploymentrate 13.4 13.9 -4 3 UP UP 48 2024-02-29
Construction Confidence lv.esi.constr -10.6 -11.9 -1100 -1300 UP UP 4000 2024-01-22
Consumer Confidence lv.esi.cons -23.6 -18.1 3000 -2500 Down UP 3500 2024-01-22
Industrial Confidence lv.esi.man -8 -8.3 -400 -900 Down UP 6200 2024-01-22
Retail Confidence lv.esi.ret 2.6 4.1 -3700 -3200 Down Down 0 2024-01-22
Services Confidence lv.esi.serv -0.5 -2.1 -7600 0 Down Down 0 2024-01-22
ESI - Economic Composite lv.esi.conf 93.1 93.7 -1 2 Down UP 79 2023-06-30